<ul><li>Hailo, an Israel-based startup, has launched an energy-efficient gen AI accelerator for edge devices.</li><li>The new processor, called Hailo-10, is designed to deploy gen AI applications on devices like cars and robots.</li><li>The chip aims to maximize performance while delivering cost and energy savings.</li><li>Hailo also announced an extension of its series C round with an additional $120 million investment.</li></ul>

Hailo takes on Nvidia with energy-efficient gen AI accelerator for edge devices and $120M in funding

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